Money Machines

Electronic Financial Technologies, Distancing, and Responsibility in Global Finance

Nonfiction, Science & Nature, Science, Other Sciences, Philosophy & Social Aspects, Social & Cultural Studies, Social Science, Sociology
Cover of the book Money Machines by Mark Coeckelbergh, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Mark Coeckelbergh ISBN: 9781317094296
Publisher: Taylor and Francis Publication: March 9, 2016
Imprint: Routledge Language: English
Author: Mark Coeckelbergh
ISBN: 9781317094296
Publisher: Taylor and Francis
Publication: March 9, 2016
Imprint: Routledge
Language: English

While we have become increasingly vulnerable to the ebb and flow of global finance, most of us know very little about it. This book focuses on the role of technology in global finance and reflects on the ethical and societal meaning and impact of financial information and communication technologies (ICTs). Exploring the history, metaphysics, and geography of money, algorithms, and electronic currencies, the author argues that financial ICTs contribute to impersonal, disengaged, placeless, and objectifying relations, and that in the context of globalization these 'distancing' effects render it increasingly difficult to exercise and ascribe responsibility. Caught in the currents of capital, it seems that both experts and lay people have lost control and lack sufficient knowledge of what they are doing. There is too much epistemic, social, and moral distance. At the same time, the book also shows that these electronically mediated developments do not render global finance merely 'virtual', for its technological practices remain material and place-bound, and the ethical and social vulnerabilities they create are no less real. Moreover, understood in terms of technological practices, global finance remains human through and through, and there is no technological determinism. Therefore, Money Machines also examines the ways in which contemporary techno-financial developments can be resisted or re-oriented in a morally and socially responsible direction - not without, but with technology. As such, it will appeal to philosophers and scholars across the humanities and the social sciences with interests in science and technology, finance, ethics and questions of responsibility.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

While we have become increasingly vulnerable to the ebb and flow of global finance, most of us know very little about it. This book focuses on the role of technology in global finance and reflects on the ethical and societal meaning and impact of financial information and communication technologies (ICTs). Exploring the history, metaphysics, and geography of money, algorithms, and electronic currencies, the author argues that financial ICTs contribute to impersonal, disengaged, placeless, and objectifying relations, and that in the context of globalization these 'distancing' effects render it increasingly difficult to exercise and ascribe responsibility. Caught in the currents of capital, it seems that both experts and lay people have lost control and lack sufficient knowledge of what they are doing. There is too much epistemic, social, and moral distance. At the same time, the book also shows that these electronically mediated developments do not render global finance merely 'virtual', for its technological practices remain material and place-bound, and the ethical and social vulnerabilities they create are no less real. Moreover, understood in terms of technological practices, global finance remains human through and through, and there is no technological determinism. Therefore, Money Machines also examines the ways in which contemporary techno-financial developments can be resisted or re-oriented in a morally and socially responsible direction - not without, but with technology. As such, it will appeal to philosophers and scholars across the humanities and the social sciences with interests in science and technology, finance, ethics and questions of responsibility.

More books from Taylor and Francis

Cover of the book Comparative Environmental Regionalism by Mark Coeckelbergh
Cover of the book Jammu and Kashmir by Mark Coeckelbergh
Cover of the book Russia's European Agenda and the Baltic States by Mark Coeckelbergh
Cover of the book PEERS® for Young Adults by Mark Coeckelbergh
Cover of the book The Political Culture of Nordic Self-Understanding by Mark Coeckelbergh
Cover of the book The Rise of European Liberalism (Works of Harold J. Laski) by Mark Coeckelbergh
Cover of the book The American Civil War by Mark Coeckelbergh
Cover of the book Advances in Understanding Advocacy and Improving Policy Practice Education by Mark Coeckelbergh
Cover of the book International Remittance Payments and the Global Economy by Mark Coeckelbergh
Cover of the book Women, Work and the Family in Europe by Mark Coeckelbergh
Cover of the book Libraries Within Their Institutions by Mark Coeckelbergh
Cover of the book Introducing English Grammar by Mark Coeckelbergh
Cover of the book Rethinking the African Diaspora by Mark Coeckelbergh
Cover of the book The Female Romantics by Mark Coeckelbergh
Cover of the book Food in the Social Order by Mark Coeckelbergh
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy